What is an NFT? An NFT is a piece of crypto, digital art that once purchased, you exclusively hold the rights to it in memoriam - or unless you sell it to someone else. NFT stands for "Non-Fungible Token" and is data that is added to a file that creates a unique signature. This unique signature is recorded on Blockchain, and becomes unique, and verifiable. Epik Prime utilizes a hybrid on-and-off chain solution, whereby transactions on the platform are conducted off-chain in real-time. This minimizes the frequency of on-chain transactions; thus, incurring less gas and less energy usage for every transaction that occurs on the Epik Prime system. |
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